AI Visual Startup Metropolis Acquires Oosto for $125 Million

Recently, the surge in the AI field has not benefited all companies, as some startups continue to search for an exit. Metropolis, an AI-based parking platform, has acquired the controversial computer vision company Oosto, which was previously known as AnyVision. The transaction is an all-stock deal valued at $125 million, significantly lower than the $380 million Oosto raised from investors over the years, and clearly below its peak valuation. Metropolis's technology has